Sydney rents soar as Gosford units spike 62.5 percent in five years

Rents surged across Sydney, with Gosford units witnessing a staggering 62.5 percent increase over five years. Vacancy rates hit record lows, forcing many renters to embrace unstable living situations, often returning to family homes or sharing with strangers. Experts warn that the ongoing affordability crisis shows no signs of abating despite potential tax reforms in the upcoming federal budget.

Summary by Glance · The Age